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G7 Foreign Ministers Meet in Niagara to Hear Ukraine’s Plea Amid Escalating War

Top diplomats from the Group of Seven (G7) nations gathered in Niagara-on-the-Lake, Ontario , for high-stakes talks with Ukraine’s Foreign Minister as Russia intensifies its assault on Ukraine’s power grid. The meeting, hosted by Canada’s Foreign Affairs Minister Anita Anand , comes at a critical moment as rolling blackouts sweep across Ukraine ahead of winter. Foreign ministers from Canada, the United States, the United Kingdom, France, Germany, Italy, Japan, and the European Union posed for a family photo before beginning discussions. Ukraine’s foreign minister is expected to brief the group on the humanitarian and security consequences of Russia’s latest attacks, which have left millions vulnerable to freezing temperatures. The summit is not limited to Ukraine. Ministers are also addressing broader geopolitical challenges, including instability in the Middle East and shifting trade relationships. Still, Ukraine remains the centerpiece of the agenda, with G7 leaders reaffirming ...
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Canada’s Inflation Rate Falls to 1.7% in April Amid Energy Price Decline, but Core Inflation Persists

Canada’s annual inflation rate eased to 1.7% in April, marking a notable decline from 2.3% in March. The drop was largely driven by lower energy prices, particularly gasoline, which fell 18.1% year-over-year following the removal of the consumer carbon price. However, core inflation measures—which exclude volatile items like energy—continued to rise, reflecting persistent price pressures in other sectors.

Despite the overall slowdown, food prices remained elevated, with fresh vegetables, beef, and coffee among the items seeing price increases. Additionally, travel tour costs surged 6.7%, contributing to inflationary pressures outside the energy sector.

The latest inflation figures come just weeks before the Bank of Canada’s next interest rate decision on June 4, raising questions about whether policymakers will adjust rates in response to the mixed inflation signals. While lower energy costs have provided relief to consumers, the continued rise in core inflation suggests that underlying price pressures remain a concern.


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